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Fastbreak.ai completes acquisition of Optimal Planning Solutions to strengthen sports logistics platform

PRIVATESep 10, 2024

Acquiring Company

Fastbreak AI

Acquired Company

Optimal Planning Solutions

CharlotteVancouverSoftwareArtificial IntelligenceSportsMachine LearningSports

Description

Fastbreak.ai, a leading sports technology company specializing in AI-driven scheduling and sports logistics, has acquired Optimal Planning Solutions, a global leader in optimization-based scheduling solutions for the sports industry. This strategic acquisition will enhance Fastbreak.ai's platform capabilities and solidify its position as the world leader and premier provider of advanced scheduling technology to sports leagues. Rick Stone, the CEO of Optimal Planning, will join the Fastbreak.ai executive team as Chief Scheduling Officer, bringing over two decades of experience in the sports industry and schedule optimization to play a crucial role in integrating Optimal Planning's expertise and IP into Fastbreak.ai's innovative platform.

Quick answer

Fastbreak AI is acquiring Optimal Planning Solutions, announced September 10, 2024. Fastbreak AI is based in Charlotte, North Carolina, United States.

How much did Fastbreak AI pay for Optimal Planning Solutions?
The deal value was not disclosed.
What does Fastbreak AI do?
Fastbreak AI is transforming how the world of sports operates.
Where are Fastbreak AI and Optimal Planning Solutions based?
Fastbreak AI is based in Charlotte, North Carolina, United States. Optimal Planning Solutions is based in Vancouver, British Columbia, Canada.
Who are the decision-makers at Fastbreak AI?
Fundz holds 3 contacts at Fastbreak AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Sports and Sports

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Fastbreak AI

Location

Charlotte, North Carolina, United States

About

Fastbreak AI is transforming how the world of sports operates. Our AI-powered platforms deliver the intelligence behind scheduling, tournament management and sponsor activation for professional, amateur, and youth sports organizations worldwide. From the NBA, MLS and NHL to sports Federations, NGBs and regional leagues, Fastbreak powers the systems that make sports run better. Our software optimizes logistics, lowers costs, unlocks new revenue streams, and improves sporting experiences for athletes, fans and organizers. Headquartered in Charlotte, North Carolina, Fastbreak AI is a fast-growing team of innovators, engineers, and sports enthusiasts driven by a shared mission: to improve sports operations and keep costs low. We’re building the future of sports technology—and we’re just getting started.

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Frequently asked

Who acquired Optimal Planning Solutions?

Optimal Planning Solutions was acquired by Fastbreak AI, based in Charlotte. The deal was reported on September 10, 2024. Fastbreak AI is transforming how the world of sports operates. Fastbreak AI is privately held and operates in Software.

When did Fastbreak AI acquire Optimal Planning Solutions?

Fastbreak AI's acquisition of Optimal Planning Solutions was reported on September 10, 2024. Fastbreak.ai, a leading sports technology company specializing in AI-driven scheduling and sports logistics, has acquired Optimal Planning Solutions, a global leader in optimization-based scheduling solutions for the sports industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Optimal Planning Solutions do?

Optimal Planning Solutions is a global leader in optimization-based scheduling solutions for the sports industry. It is privately held, operating in Sports, and is based in Vancouver.

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